Description: Forex Smart Profit uses multiple trading strategies: scalping, trend and breakout; both, automated and manual trading.
It is designed to work on long term with minimum draw dawn.
Type of Trading: Real
Broker: IC Markets
Started: Sep 05, 2013
Tracking: 3 users
Currency Pairs: EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The ForexSmartProfit system has made 2176 trades with an average winning trade of 10.16 pips / $3.20, the average losing trade around -13.54 pips / -$4.96 and an average trade length of 2h 56m.
The best trade it ever had was (Nov 07) 65.9 in pips and the worst trade was (Sep 11) -150.3 in pips.
It has won (691/959) 72% of its attempted buys and (773/1217) 63% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.